Yes, No, Which One?
ERP Systems have been around for a long time and they are a crucial part of a company’s operations. However, this does not mean that all organizations require an ERP System. Before making such a large investment, it is important to analyze the requirements of the organization in order to have a realistic assessment of whether an ERP system is needed or not.
Unlike most software, ERP systems’ cost do not end with the initial purchase price, as they have annual maintenance fees ranging from 15-20% of the original list price. This annual maintenance agreement is required in order to keep the software up-to-date with fixes for issues that come up over time and to obtain user support. So, before signing on the dotted line, it is important to make sure you have identified your requirements to:
Assess your organization’s need for an ERP system
Select the right ERP system, if confirmed as a need.
Many organizations dive right into contacting ERP sellers and resellers to obtain quotes and schedule demos. However, when surveyed, second-time ERP purchasers don’t rank "cost of system" within top three criteria on choosing the right ERP software. Do you know what to look for? Are you ready to take the big step or do you need to take a step back and have a more thorough assessment of your needs and requirements? Verbum Consulting is here to guide you every step of the way. Whether you want to find out if you need an ERP software, or select the software that’s right for you, let us help you make the right choice and save money along the way.
Verbum Consulting, Making the Right Choice